Evey time we open up strong, the sellers come in and bring the market lower, classic 2008. Opening up 100 points this morning was a gift, I used some of that strength to get rid of my weak longs and reload on [[SKF]]. I see no reason to be long at the moment, and this is coming from a ragin’ bull.
Note: Today felt a lot worse than yesterday, and we were only down 60 points. And, on top of that, CSCO decides to disappoint. Tech is not the place to be, wish I owned REW, so much for my VMW soldier.
Charts coming later tonight…
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